ArabiaWeather Raises $7.1 Million to Expand its Hyper-local

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ArabiaWeather Raises $7.1 Million to Expand its Hyper-local Weather
Offerings to Consumers and Businesses in the Middle East
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Among largest venture capital deals inked in the region in 2015
Substantial investments in network of weather stations to further enhance
accuracy of hyper-local weather information
ArabiaWeather Inc., the Middle East’s largest weather company, has announced a new
round of funding totaling $5.0 million, following the $2.1 million it raised earlier this year.
The round, one of the largest venture deals raised in the region in 2015, is led by Silicon
Badia and Wamda Capital, and includes the founding investor Jabbar Internet Group and
DASH Ventures.
The investment will be used to continue growing ArabiaWeather’s consumer and enterprise
offerings in the region. ArabiaWeather serves millions of consumers across the Middle East
and North Africa with weather forecasts, information, and content, delivered through its
web and mobile properties. The company will invest in expanding the reach of its flagship
mobile app, which is one of the most popular native Arab mobile applications on both iOS
and Android. For its consumer business, ArabiaWeather is also expanding its video coverage
and content, and launching new specialized mobile apps targeted at weather aficionados.
Finally, the company is launching a new digital monetization unit that will allow advertisers
to create smarter digital ad products which leverage ArabiaWeather’s weather and
consumer data.
On the enterprise side, ArabiaWeather will further invest in developing integrated industryspecific solutions for businesses in the Middle East. The decision-support solutions enables
companies in sectors that are particularly affected by weather conditions - such as aviation,
marine, oil and gas, agriculture, insurance and retail - to save costs, enhance safety and drive
operational efficiency.
Commenting on the investment, ArabiaWeather CEO Mohammed Al-Shaker said: “We are
happy with the continued growth of our consumer-focused properties, and we will continue
to serve our millions of users with the most accurate and informative weather forecasts and
content by enhancing our mobile offerings and expanding our original video content. We are
also extremely excited to continue working with some of the region’s leading enterprises
and to provide them with cutting-edge weather products and services. We are expanding
our regional sales presence and have a range of exciting products in our pipeline which we
will introduce to the market very soon.”
ArabiaWeather’s products run on proprietary algorithms and numerical models which
transform raw and isolated weather data points into processed, organized, and packaged
weather information. The company plans to invest a portion of the proceeds of the round in
its weather infrastructure, including expanding the deployment of its own weather stations
across the region and the unique weather forecasting technology. The company also has
plans to utilize its 35 million strong user-base to crowd-source more accurate hyper-local
weather observations.
Commenting on the investment, Badia Impact Fund Managing Partner Namek Zu’bi said "We
were thrilled with the growth and progress the company had made since our initial
investment in 2014 so we decided to lead the company's Series A alongside Wamda capital,
Jabbar, and DASH Ventures. We continue to be surprised by the demand for weather
products in this market. This round is purely for growth; we want to own weather in the
Middle East region."
Khaled Talhouni Managing Partner at Wamda Capital added “The funding is fully dedicated
to further growing the company, which has established an exceptional track record as a
premier provider of highly useful weather information in the region. We believe there is a
true opportunity to further build ArabiaWeather’s portfolio of decision-support weather
solutions for the benefit of companies and consumers in the region.”
About ArabiaWeather Inc.
ArabiaWeather Inc. is the first and largest private weather company in the Middle East and aspires to be the
premier provider of accurate weather information for businesses and consumers. Founded in 2006,
ArabiaWeather provides its customers with high-quality and tailored solutions backed by an extensive network of
automatic weather stations. With its innovative flagship products and hyper-local weather solutions, the
ArabiaWeather has evolved into the weather service provider of choice for many major corporations and more
than 35 million consumers in the region. The company is headquartered in Amman, Jordan, and has an office in
Dubai, UAE.
ArabiaWeather Inc.
Ehab Alshurafa
Job title: SVP – Enterprise and Media Solutions
Mobile: +971 50 302 5770
Email: ehab.alshurafa@arabiaweather.com
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